Community | February 04, 2010 | 21 comments

It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

source: http://theeconomiccollapseblog.com/archives/it-is-now-mathematically-impossible-to-pay-off-t...

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Revelation1217
A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don't realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt.
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21 comments // It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

  • OrbViper
    • 0
      OrbViper  

    • In the 19th century the UK has a debt of over 250%...sort of makes the US debt look small. Everything is relative, inflation has increased by vast amounts, and it is going to keep doing that. It's economics. We really don't need to be spreading all this fear, it's not exactly doing anyone any good. What people need to bother about is the balance of payments, and even that will probably sort itself out. As you get in debt, currency devalues, exports rise, currency rises in value. Simple.

    • 2 years ago
  • simall08
  • ilikeike
    • +1
      ilikeike  

    • well we can start bartering again whenever we can. grow our own food, produce our furniture, make our clothes, brew our beer, grow our weed, what do we need the banksters for anyway, oh yeah to own a peice of land to do all of those things, and of course we need to pay soldiers to protect it from all of those middle easterners who want to take it away from us.

    • 2 years ago
  • My_America
    • 0
      My_America  

    • Durign the airing of George Clooney's very successfull "Hope for Haiti" Telethon around $66 million was raised (now $100's of million). Clooney would have to conduct this telethon EVERYday for 158 years just to equal the $3.8 trillion budget just proposed by the President.

      This is not a slight on the President but Government as a whole.

      Wrap your head around those numbers.

    • 2 years ago
  • PressCore
    • 0
      PressCore  
    • My_America:

      I doubt anyone can wrap their heads around those numbers. That's the problem though, isn't it ? When money was Constitutional, and honest, it was so valuable that a $1.00 went a long, long way. Now you'd almost need a micrometer to measure how nearly valueless $ 1.00 realy is, because it counts like lira or yen, in the 10,000ths not 100 cents. When they devalued the $ 1.00 down to $0.02, it now takes a $50. FRS note to equal an honest dollar. That makes Millions in honest money look like Billions, and Billions of honest money Trillions. The mind boggling, staggering, expansivness of that scope of 0s makes it impossible for the average mind to wrap around it's meaning. You'd have to have a baby born tomorrow count $100.00 "dollar" bills until he's 100 years old to account for what the Gummint burns in a month.

    • 2 years ago
  • Lecti
  • unimatrix0
  • idealist
    • 0
      idealist  

    • i dunno... a trillion is just couple billion away, tho we spend more then we EVER try to pay off. maybe in the future that wont seem like that much money or who know, maybe we we could find a way to get things done with out money... but that's unlikely.
      it's a money drama, it'll work itself out.

    • 2 years ago
  • PressCore
    • +1
      PressCore  
    • idealist:

      No, Starship Troopers got the brain bug to write my comment for me. In 1856 a radical thing ocured when the mint introduced UnConstitutional money for the first time. Nickle,began to be substituted for cents until 1859, when the Copper cents returned as thick as 1/2 dollar.large cents, but the size we know today. I think some wealthy cabal bought key Government people, and told them to do that so that they could get leverage to exploit the working classes. Immagine how frustrated their greed must have been when 4,000 quarter sized Copper coins would equal an ounce of Gold. By shorting the money supply to the working class, they destroyed their prosperity,made them subjugated, and absorbed their wealth. Since time and work are also real money,they.could now steal that wealth belonging to the lower and middle class. So that by Reagan's time in the 1980s when the top 1% of Americans owned 75% the wealth, the invisible inflation tax which FRS "credit" currency imposes enabled them to now own 90%.Think of a supermassive black hole whose gravity is so forceful it will suck up anything.They own the Corporations and the stocks in Wall St.

      By 1896, so much bank fraud, bank failures, and bank hoarding of money had
      ruined so many honest people, that Presidential candidates were calling for fiat money. After the bank panic in 1907, the economic problem became extreme, and by 1913, the international cartel of banksters greased Congress
      into passing the Federal Reserve Act so that the Rothchilds who got uber rich
      through their "business development companies" more than their vineyards,
      inserted their Trojan Horse of the F.R.S. into our monentary system. Within
      15 years of the US borrowing foreign money to finance WW1, the FRS was
      so entrenched that the Rothchild's banks in the USA and Europe were able to
      manipulate the securities, and exchange system which had no SEC, and the banking system, which had no FDIC, to corrupt and abuse a vulnerable system. During the 1920s, postal carriers could solicit citizens to buy stock on
      credit to use their savings to fuel the Wall st.boom. But it was an inverted pyramid scheme(a Ponzi scheme like Madoff's). The Rothchild's Goldman Sachs investment banks were able to use insider trading to manipulate, and sabotage the stock market to crash. And when it did, 40% of the USA's Gold bullion coins lere exported to Rothchild banks in France, and Switzerland. It took the US Government 5 years to discover the heist, and why the money supply was so short, the Great Depression had happened. For the Rothchilds,and their 3 bankster partners, it was like taking candy from a baby. FDR ended the Gold Standard, the dollar was devalued to 60 cents. Gold was reset at $35.Z Silver.Silver,tied to Gold,disappeared 20 years later in 65'.

      Now that the hyperinflation resulting from devaluing our money as they steal it has transformed Millions of Gold backed dollars into Billions of fractional paper, and Billions into Trillions, the size is too mind boggling for people to understand.This trick has people looking at it,then looking away,unaware of the shock effect. When the Gold was in their hands as bullion coins, Americans knew how to save because Gold is beautiful, and people didn't want to part with it. But we've been deftly transformed from a nation of producers & savers in control of our own destiny, into a nation of consumers and borrower/spenders under the control of foreigners. The NWO international cartel of banksters who own the "fed" have converted the USA, from a soverign country, into their Corporation. Ron Paul, and the H.R.
      Reps. who want them audited are right not to trust them, and their FRS Trojan Horse. You can learn a lot more truth from the Cinema movie Troy than you ever could in class.You claim a Trillion is only a couple Billion. Ha ! It's 500 X that !!! See what I mean ??? Your words have proved my point.
      Your mind has to have the logic of a machine even to comprehend that much.
      ..

    • 2 years ago
  • dirtymilk
  • fhavenger09
  • Tyr
  • PressCore
    • +1
      PressCore  

    • It was designed to be that way. If you think people get into trouble with their credit cards, then immagine how tempting to overborrow, and overspend it must be for people who are spending other people's money. The average person just doesn't get the concept of out of sight out of mind. The USA is still paying for all the money it borrowed from the Rothchild's Federal Reserve Bank to finance WW 1. Can you immagine how much compound interest a couple Billion dollars of REAL money(Gold=$20 an ounce) will make in 96 years ? And who do you think was ultimately behind fomenting WW 1, and WW 2 also ? The answer is obvious. Whoever stood to gain the most from it.
      Just follow the money trail. Watch the movie "4 Horsemen of the Apocalypse" from TCM. You'll see that the Rothchilds make more money fomenting war than we can earn in Peace.

      Most of the law that has ever existed is all about property. From the beginning of the colonies in America the use of bond servants, humans as slaves, stemmed from English debtor's prisons because there was no Bankruptcy Act until 1898. Thomas Jefferson died penniless like Jacob Marley in Charles Dicken's Christmas Carol after he freed his slaves. Usery, when abused, is basicly the m.o. of slavery. The Federal Reserve System has owned and boned our Treasury for 96 years. It's said people work for the Gummint for the first 4 months of the year. What people don't realize is that they and we are all forced to work for the FRS. The Treasury sells debt to foreign countries like Saudi Arabia, and China. The Saudis,and amongst them the Bin Ladens, already own 7 % of the USA. You don't want to know how much China owns of the USA.

      The best way to get free of these parasitical institutions like the "F(red)" is to elect people who have the spine to eliminate the rotten to the core system that's been bleeding us, and replace it with a decent one that's under the control of, by, and for Americans. Have you seen the 2007 D solid copper Amero coins ? I blogged a U Tube article from Current.com last year showing one. The Gummint had to ship $800+ Billion worth of Ameros to China's banks to pay on the national debt because FRS currency was considered the Rothchild's toilet paper. Don't forget that Charles DeGaul came to the USA back in the 1960s, demanded, and received full repayment for the USA's Revolutionary War debt to the French in 24kt Gold Bullion. The Rothchild's palace in France has 24KT ceilings. When you realize that Gold is twice as heavy as lead, that's as heavy as the debt is grave too. Say, is that defib working ? CHARGE !!! I liked the Western old fashioned saying better: In God we trust. For all the rest it's stricly cash & carry. Because if you pay as you go, you never have to worry about failing to pay what you don't owe. The moral of the story ? The future's not promised to anyone or anything. So those who borrow from the future to pay for today will always be in the past, kind of like that WW1 debt we're still paying on. Screwed, red, white, blued, and tatooed. Our Gummint has a bar code on the back of its neck the "Fed"
      scans.

    • 2 years ago
  • idealist
  • idealist
    • 0
      idealist  
    • PressCore:

      once again, very informative, but no i dont see how what i said proved what you said...right. w/e im sure we will never be out of debt but im allso sure its not IMPOSSIBLE

    • 2 years ago
  • PressCore
    • 0
      PressCore  
    • idealist:

      You mentioned a Trillion is only a couple Billion. Check it out. This is 2 Billion:
      (2) X 1000, 1000, 1000. Now this is 1 Trillion (1) X 1000,1000,1000,1000. Do you see the difference now ?

    • 2 years ago
  • rosenthal
  • uptop
    • 0
      uptop  

    • Two simple ideas:

      1. Legalize marijuana and tax the shit out of it.
      2. Legalize gay marriage and the 'mos will have the best and most expensive weddings ever, weekly.

    • 2 years ago
  • idealist
  • trut
    • -1
      trut  

    • Maybe you guys should have paid as you went instead of putting all your bills on the Federal Reserve credit card.

    • 2 years ago
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